Director Les Pereira has updated his notified interest in Estrella Resources shares and options, held through Nannook Holdings Pty Ltd's superannuation account.

The change involved converting 650,000 listed options, exercisable at $0.018 and expiring 13 December 2026, into 650,000 fully paid ordinary shares, for consideration of $11,700.

Following this conversion, Les Pereira's holdings through this entity now stand at 2,952,000 fully paid ordinary shares and 741,500 listed options, down from 2,302,000 shares and 1,391,500 options prior to the change. His other holdings, through Carmine Lion Group Pty Ltd and the main Nannook Holdings entity, are unchanged.

This kind of notice is standard disclosure whenever a director's holdings shift, and it doesn't reflect any new company decision or trading activity beyond the option conversion itself.

If you have questions about this announcement, we'd encourage you to use the question box on this page.